🖥️ [Analysis] Facebook Isn’t Going After Bitcoin. It’s Going After the Dollar - Ted Livingston

Speculation and predictions about Facebook’s blockchain development team and potential “FaceCoin” launch abound, but Bitcoin might not be its targeted competitor. Ted Livingston, CEO of Kik, hypothesizes that the social media giant could aim to usurp the U.S. dollar as a global reserve currency and dominant medium of exchange. With its ubiquitous messenger and content sharing applications that support billions of users, introducing a payment network with a native currency could be a veritable monetary game-changer.

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